Claerinvest: what changed
Claerinvest
Largest movements
- Tangible fixed assets -€339,460
no longer reported in 2025 (was €339,460)
of which Land and buildings: -€261,000
- Receivables within one year +€242,363
new in 2025: €242,363
of which Other amounts receivable: +€237,964
- Cash +€165,763
up €165,763 (+17,383%), from €954 to €166,716
mainly Investment in fixed assets (net) (+€339,460) and Net result for the year (+€223,410)
- Reserves +€223,410
up €223,410 (+236%), from €94,467 to €317,877
of which Distributable reserves: +€275,501
- Debts after one year -€159,179
no longer reported in 2025 (was €159,179)
- Other debts +€20,697
new in 2025: €20,697
- Provisions -€17,364
no longer reported in 2025 (was €17,364)
- Current portion of long-term debt -€6,965
no longer reported in 2025 (was €6,965)
- Gross operating margin +€275,208
up €275,208 (+2,049%), from €13,434 to €288,641
- Taxes +€78,121
new in 2025: €78,121
- Depreciation -€26,624
no longer reported in 2025 (was €26,624)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,414 | €409,079 | +€68,665 | +20.2% |
| Fixed assets | 21/28 | €339,460 | - | -€339,460 | |
| Tangible fixed assets | 22/27 | €339,460 | - | -€339,460 | |
| Land and buildings | 22 | €261,000 | - | -€261,000 | |
| Plant, machinery and equipment | 23 | €2,752 | - | -€2,752 | |
| Furniture and vehicles | 24 | €75,708 | - | -€75,708 | |
| Current assets | 29/58 | €954 | €409,079 | +€408,126 | +42,798% |
| Amounts receivable within one year | 40/41 | - | €242,363 | +€242,363 | |
| Trade receivables | 40 | - | €4,399 | +€4,399 | |
| Other amounts receivable | 41 | - | €237,964 | +€237,964 | |
| Cash at bank and in hand | 54/58 | €954 | €166,716 | +€165,763 | +17,383% |
| Total equity and liabilities | 10/49 | €340,414 | €409,079 | +€68,665 | +20.2% |
| Equity | 10/15 | €156,467 | €379,877 | +€223,410 | +143% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €94,467 | €317,877 | +€223,410 | +236% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,768 | €1,677 | -€52,091 | -96.9% |
| Distributable reserves | 133 | €34,499 | €310,000 | +€275,501 | +799% |
| Provisions and deferred taxes | 16 | €17,364 | - | -€17,364 | |
| Deferred taxes | 168 | €17,364 | - | -€17,364 | |
| Amounts payable | 17/49 | €166,583 | €29,202 | -€137,381 | -82.5% |
| Amounts payable after more than one year | 17 | €159,179 | - | -€159,179 | |
| Financial debts | 170/4 | €159,179 | - | -€159,179 | |
| Amounts payable within one year | 42/48 | €6,965 | €25,202 | +€18,237 | +262% |
| Current portion of amounts payable after more than one year | 42 | €6,965 | - | -€6,965 | |
| Trade debts | 44 | - | €4,409 | +€4,409 | |
| Suppliers | 440/4 | - | €4,409 | +€4,409 | |
| Taxes, remuneration and social security | 45 | - | €96 | +€96 | |
| Taxes | 450/3 | - | €96 | +€96 | |
| Other amounts payable | 47/48 | - | €20,697 | +€20,697 | |
| Accrued charges and deferred income | 492/3 | €439 | €4,000 | +€3,561 | +811% |
| Non-recurring operating income | 76A | - | €13,596 | +€13,596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,624 | - | -€26,624 | |
| Other operating charges | 640/8 | €1,940 | €2,108 | +€168 | +8.7% |
| Gross operating margin | 9900 | €13,434 | €288,641 | +€275,208 | +2,049% |
| Operating profit (loss) | 9901 | -€15,130 | €286,534 | +€301,664 | |
| Financial income | 75/76B | €108 | - | -€108 | |
| Recurring financial income | 75 | €108 | - | -€108 | |
| Financial charges | 65/66B | €2,123 | €2,366 | +€243 | +11.5% |
| Recurring financial charges | 65 | €2,123 | €2,366 | +€243 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,145 | €284,167 | +€301,312 | |
| Transfer from deferred taxes | 780 | €2,186 | €17,364 | +€15,177 | +694% |
| Income taxes | 67/77 | - | €78,121 | +€78,121 | |
| Profit (loss) for the period | 9904 | -€14,959 | €223,410 | +€238,369 | |
| Transfer from tax-exempt reserves | 789 | €6,559 | €52,091 | +€45,532 | +694% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,400 | €275,501 | +€283,901 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.